On June 2021, 3D Systems announced that it was breaking away from its on-demand manufacturing business and custom manufacturing business. Behind this purchase, Trilantic North America, a private equity firm, had signed an agreement to acquire these businesses from 3D Systems.
Today, the acquisition is officially confirmed and complete in partnership with Ziad Abou, a tenured industry pioneer who will operate as Chief Executive Officer of the Company, and other industry executives.
As from now on, the Company will begin operating as Quickparts and inherits an established industry brand that is an internationally digital manufacturing expert in providing on-demand 3D printing and custom manufacturing services.
Going forward, Quickparts plans to focus on expanding and advancing its services, delivering greater value to its customers, and making the strategic investments necessary to meet the accelerated demand for additively and traditionally manufactured parts today across a diverse range of end markets. The Company will operate a fleet of approximately 150+ in-house 3D printers across five physical locations in North America and Europe alongside a network of manufacturing partners worldwide.
“Our investment in Quickparts underscores Trilantic North America’s commitment and belief in the value that Industry 4.0 technologies deliver to all members of the supply chain,” said Charles Fleischmann, Partner at Trilantic North America, and Quickparts Board member. “We are incredibly excited to partner with Ziad and the entire Quickparts team to accelerate their strategic growth objectives and to drive continued expansion and increased customer success. We are also fortunate to name two industry veterans, George Votis and Avi Reichental, as Directors to the Board.”
“I am grateful to Trilantic North America for their continued confidence in my leadership and vision for the business. I am looking forward to working alongside this incredible team, continuing our great work together, and to leading the Quickparts team through the next growth chapter,” said Abou. “We have built a strong and positive partnership with Trilantic North America, and we plan to leverage their expertise, network, and guidance as we assert marketplace leadership by delivering better technology agnostic services to our customers. There is a bright future ahead for Quickparts, and I am honored and excited to get to work to materialize the significant opportunities ahead.”
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